Strategic Compensation: A Human Resource Management Approach, Global Edition, 8th edition

For graduate and undergraduate courses in compensation, staffing, and human resources.The art and science of compensation practice. Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage.

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• Cover topics based on your semester schedule : A flexible format. This text contains sixteen chapters, which can be tailored to suit a ten- or fifteen-week schedule. These chapters are also broken down into six parts to help further segment the material into a typical semester timeframe:
• Part I: Setting the Stage for Strategic Compensation
• Part II: Bases for Pay
• Part III: Designing Compensation Systems
• Part IV: Employee Benefits
• Part V: Contemporary Strategic Compensation Challenges
• Part VI: Compensation Issues Around the World

• Compensation in Action. A Compensation in Action section at the end of every chapter provides an insider's perspective on compensation management. This feature provides clear and functional information that illustrates how line managers, employees, and compensation professionals interact to put compensation concepts into practice.
• Brief end-of-chapter cases. Real-world compensation issues are highlighted in this text’s short end-of-chapter cases. These cases are accompanied by questions to facilitate class discussion, and can be used as homework assignments.
• Material that’s accessible to majors and non-majors. Virtually ever manager will be involved in making compensation decisions, which is why this text is relevant to human resource management majors, as well as accounting, finance, management, international management, marketing, and organisational behavior majors. Even practitioners starting to work in compensation or current professionals will find Strategic Compensation a useful reference.

• Fallout from the “Great Recession”
• Underemployment: Implications for compensation
• Executive compensation
• Rising wages in China
• Challenges in health care reform
• Workforce demographic shifts
• Marriage between same-sex individuals and the U.S. Supreme Court ruling on the Defense of Marriage Act